The Oakland Raiders have applied their franchise tag to cornerback Nnamdi Asomugha, according to Adam Schefter of NFL Network.

Asomugha will be tendered a one-year contract equal to the average of the five highest-paid cornerbacks in 2007.

A five-year veteran who attended the University of California, Asomugha is eligible to talk with other teams.  If he signs an offer sheet elsewhere and the Raiders opt not to exercise their right to match, the Raiders would be entitled to compensation in the amount of two first-round draft picks.

Asomugha was a first-round pick of the Raiders in the 2003 draft.